Yustinus

After graduating from Curtin University with Bachelor of Commerce (Accounting and Finance) and Masters of International Business, Yustinus pursued his career in banking as a mortgage specialist for 4 years handling residential and commercial loans. As a highly efficient banker, he has won many sales awards during his employment. He believes in putting his customers first, and is constantly striving to develop a good and long-term relationship with them.

Understanding In-Principle Approval in Singapore for Your Home Loan

If you are planning to buy a home in Singapore and need a bank loan, getting and understanding In-Principle Approval (IPA) should be one of your first steps. Many homebuyers mistakenly believe they can secure financing at any time only to be faced with unexpected issues. Without an IPA, you could risk losing your dream home or even forfeiting a huge deposit. This article will guide you through everything you need to know, what you need when understanding In-Principle Approval

Yustinus May 7, 2025

Offer to Purchase vs Option to Purchase: What’s the Difference?

Understanding the distinction between an Offer to Purchase and an Option to Purchase (OTP) is crucial when dealing with property transactions, particularly in Singapore. Both function as instruments in real estate deals but function distinctively in regard to commitments, legal responsibilities, and adaptability. This article delves into the meanings of these terms, their relevance to HDB and private property dealings, and provides a detailed comparison between the two. What is an Offer to Purchase? An Offer to Purchase is a

Yustinus January 15, 2025

Optimize Home Loan Financing: Keep $20K in Your CPF Ordinary Account

Your Central Provident Fund (CPF) comes in handy when purchasing your new home but how much money should one tap on CPF? Should you deplete your CPF savings? What is a safe amount of money to be retained in CPF? Fret not, let us give you a better idea on home loan financing. When purchasing a new home, there are generally 2 common scenarios: Scenario 1: If purchasing a HDB, take up a HDB housing loan. You can choose to

Yustinus July 18, 2023

Government cuts back supply of private homes, as per GLS Programme 2H2019 release

The Singapore government announced a reduction in the supply of private residential houses under the Government Land Sales (GLS) Programme. This comes after there was a dip in demand for private residential properties following the cooling measures implemented in 2018, which resulted in a large oversupply of private residential houses. In the recent Release of Second Half 2019 Government Land Sales (GLS) Programme, the Ministry of National Development (MND) released 5 confirmed list sites and another 8 sites on the

Yustinus July 31, 2019